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KANORIA CHEMICALS & INDUSTRIES
PS (Price/Sales) Ratio

The Current P/S Ratio of KANORIA CHEMICALS & INDUSTRIES is 0.35.

Share Price ₹125.1Apr 23,2024
Market Cap ₹546.5 Cr
Sales-TTM₹1,559.8 CrTTM-Consolidated Results
Price/Sales0.35xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of KANORIA CHEMICALS & INDUSTRIES

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of KANORIA CHEMICALS & INDUSTRIES is calculated as :

Current Market Cap [ ₹546.5 Cr] as on Apr 23,2024

(/) Sales [ ₹1,559.8 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.35x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for KANORIA CHEMICALS & INDUSTRIES , the investors are currently willing to pay '0.35 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of KANORIA CHEMICALS & INDUSTRIES !

The chart below summarizes the trend in P/S Ratio of KANORIA CHEMICALS & INDUSTRIES over the last five years.

Historical PS (Price/Sales) ratio chart of KANORIA CHEMICALS & INDUSTRIES


PS Ratio Performance Analysis for KANORIA CHEMICALS & INDUSTRIES

- KANORIA CHEMICALS & INDUSTRIES 's latest p/e ratio is 0.35x.

- KANORIA CHEMICALS & INDUSTRIES 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.29x.

- KANORIA CHEMICALS & INDUSTRIES 's operated at median p/e ratio of 0.29x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, KANORIA CHEMICALS & INDUSTRIES 's p/e ratio peaked in Mar2022 at 0.43x.

- KANORIA CHEMICALS & INDUSTRIES 's p/e ratio hit its five-year low in Mar2020 of 0.1x.


How does KANORIA CHEMICALS & INDUSTRIES 's P/S Ratio benchmark against top 10 peers in Chemicals Industry?

Peer Comparison (Chemicals Industry)Sales (Cr)PS RatioMarket Cap (Cr)
KANORIA CHEMICALS & INDUSTRIES 1,559.80.35546.5
PIDILITE INDUSTRIES LTD12,170.412.19148,313.0
SOLAR INDUSTRIES INDIA LTD6,387.412.2478,203.8
SRF LTD13,346.95.8177,574.4
GUJARAT FLUOROCHEMICALS LTD4,619.28.8540,874.1
DEEPAK NITRITE LTD7,517.04.3032,323.8
TATA CHEMICALS LTD16,353.01.7428,397.7
GODREJ INDUSTRIES LTD16,885.51.7028,785.4
AARTI INDUSTRIES LTD6,256.04.2926,841.6
ATUL LTD4,708.73.7117,449.7
VINATI ORGANICS LTD1,830.69.3817,169.6

Chemicals Industry Benchmark (Top 10) PS Analysis vs KANORIA CHEMICALS & INDUSTRIES 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.35x
Max industry PS 12.24x
Median industry PS 4.30x
Average industry PS 5.87x



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